PHOTOBIZZ: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PHOTOBIZZ
Largest movements
- Cash +€57,867
up €57,867 (+812%), from €7,126 to €64,993
mainly Depreciation (+€36,082) and Net result for the year (+€15,298)
- Tangible fixed assets -€36,038
down €36,038 (-36.0%), from €100,054 to €64,016
of which Furniture and vehicles: -€28,538
- Stocks and contracts -€12,374
down €12,374 (-31.0%), from €39,865 to €27,491
- Receivables within one year +€1,952
up €1,952 (+7.8%), from €25,180 to €27,132
of which Other amounts receivable: +€3,146
- Profit (loss) carried forward +€15,297
up €15,297 (+152%), from €10,085 to €25,382
- Debts after one year -€13,806
down €13,806 (-48.3%), from €28,573 to €14,767
- Trade debts +€8,308
up €8,308 (+187%), from €4,441 to €12,749
- Tax, wage and social debts +€8,196
up €8,196 (+9.1%), from €90,536 to €98,732
of which Taxes: +€6,881
- Current portion of long-term debt -€4,637
down €4,637 (-25.1%), from €18,442 to €13,805
- Gross operating margin +€44,199
up €44,199 (+14.3%), from €308,695 to €352,894
- Staff costs +€34,878
up €34,878 (+14.4%), from €242,677 to €277,555
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,488 | €185,895 | +€11,407 | +6.5% |
| Fixed assets | 21/28 | €102,317 | €66,279 | -€36,038 | -35.2% |
| Tangible fixed assets | 22/27 | €100,054 | €64,016 | -€36,038 | -36.0% |
| Plant, machinery and equipment | 23 | €15,041 | €8,392 | -€6,649 | -44.2% |
| Furniture and vehicles | 24 | €82,363 | €53,825 | -€28,538 | -34.6% |
| Other tangible fixed assets | 26 | €2,650 | €1,799 | -€851 | -32.1% |
| Financial fixed assets | 28 | €2,263 | €2,263 | -€0 | 0.0% |
| Current assets | 29/58 | €72,171 | €119,616 | +€47,445 | +65.7% |
| Stocks and contracts in progress | 3 | €39,865 | €27,491 | -€12,374 | -31.0% |
| Stocks | 30/36 | €39,865 | €27,491 | -€12,374 | -31.0% |
| Amounts receivable within one year | 40/41 | €25,180 | €27,132 | +€1,952 | +7.8% |
| Trade receivables | 40 | €4,547 | €3,353 | -€1,194 | -26.2% |
| Other amounts receivable | 41 | €20,633 | €23,779 | +€3,146 | +15.2% |
| Cash at bank and in hand | 54/58 | €7,126 | €64,993 | +€57,867 | +812% |
| Total equity and liabilities | 10/49 | €174,488 | €185,895 | +€11,407 | +6.5% |
| Equity | 10/15 | €30,545 | €45,842 | +€15,297 | +50.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,085 | €25,382 | +€15,297 | +152% |
| Amounts payable | 17/49 | €143,943 | €140,053 | -€3,890 | -2.7% |
| Amounts payable after more than one year | 17 | €28,573 | €14,767 | -€13,806 | -48.3% |
| Financial debts | 170/4 | €28,573 | €14,767 | -€13,806 | -48.3% |
| Amounts payable within one year | 42/48 | €115,370 | €125,286 | +€9,916 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €18,442 | €13,805 | -€4,637 | -25.1% |
| Trade debts | 44 | €4,441 | €12,749 | +€8,308 | +187% |
| Suppliers | 440/4 | €4,441 | €12,749 | +€8,308 | +187% |
| Taxes, remuneration and social security | 45 | €90,536 | €98,732 | +€8,196 | +9.1% |
| Taxes | 450/3 | €80,502 | €87,383 | +€6,881 | +8.5% |
| Remuneration and social security | 454/9 | €10,034 | €11,349 | +€1,315 | +13.1% |
| Other amounts payable | 47/48 | €1,951 | - | -€1,951 | |
| Remuneration, social security and pensions | 62 | €242,677 | €277,555 | +€34,878 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,431 | €36,082 | +€651 | +1.8% |
| Other operating charges | 640/8 | €624 | €948 | +€324 | +51.9% |
| Gross operating margin | 9900 | €308,695 | €352,894 | +€44,199 | +14.3% |
| Operating profit (loss) | 9901 | €29,963 | €38,310 | +€8,347 | +27.9% |
| Financial income | 75/76B | €135 | €792 | +€657 | +487% |
| Recurring financial income | 75 | €135 | €792 | +€657 | +487% |
| Financial charges | 65/66B | €26,438 | €23,804 | -€2,634 | -10.0% |
| Recurring financial charges | 65 | €26,438 | €23,804 | -€2,634 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €3,660 | €15,298 | +€11,638 | +318% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €3,660 | €15,298 | +€11,638 | +318% |
| Profit (loss) for the period to be appropriated | 9905 | €3,660 | €15,298 | +€11,638 | +318% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.